US agrifood business Cargill has secured the winning bid to complete the acquisition of two animal feed mills from Lancaster, Pa.-based Pennfield Corporation for $9.8 million.
Two senators have called on the U.S. Department of Agriculture in a letter to reclassify Greek yogurt as a source of protein under the agency’s nutrition guidelines.
The Cabinet Committee on Economic Affairs (CCEA) approved the proposal of the Department of Commerce for allowing the export of processed and/or value-added agricultural products.
Fish production in Egypt is roughly around 1,4 million tonnes a year, with the majority now coming from aquaculture thanks to its development in recent years.
Jamaica Broiler Group (JBG) is producing corn for its own use and will likely operate the farm itself, said Ian Parsard, senior vice-president for operations and finance.
Seneca Foods Corp. has completed its acquisition of Sunnyside, Wash.-based Independent Foods, L.L.C., a privately-held processor of canned pears, apples and cherries.
Cargill is closing its Plainview, Texas, beef slaughtering and processing facility, citing the effects of the drought that has led to a shortage of available cattle.
Farmed shrimp production and revenue in India is expected to increase five-fold with the expansion of the Aquatic Quarantine Facility for vannamei (white) shrimp in Chennai.
Corn and soybean futures moved sharply higher on Monday in part still reacting to Friday’s USDA report, but also reacting to some good export sales announced on Friday and again on Monday.
According to the USDA's "Grain: World Markets and Trade" report, recent quarterly shipment data show U.S. corn exports dropping to the lowest level in at least two decades.